The Woo Corporation had the following transactions involving notes payable during 2013.Record the transactions on page 8 of a general journal.Omit descriptions. 
Definitions:
Purchasing Power Parity
An economic theory that compares the relative value of different currencies based on the purchasing power of various goods and services, aiming to measure the real exchange rate.
Peso
The currency used in several countries including Mexico and the Philippines, symbolized by the "$" sign or "₱".
Demand for US Dollar
The desire or need by individuals, businesses, and governments worldwide to hold assets in U.S. dollars, influenced by economic stability and interest rates.
Average Rate of Return
A calculation used to measure the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.
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